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Germany's Depression

Cause and Effect

Who does Germany lose WW1 to? US, England, and France
What did the Treaty of Versailles require Germany to do? Forced Germany to pay $33 billion (reparations) and give up land.
How did the Germans feel after WWI and the Treaty of Versailles? Germans are angry and humiliated
What were the 3 causes of Germany's Depression? Loss of WWI, Overproduction of goods, Crash of the American Stock Market
What is surplus? More than what is needed or used; excess.
What is the chain reaction of overproduction? Surplus leads to falling prices, falling prices leads to companies losing money, companies losing money leads to workers losing jobs.
How did the US stock market crash impact Germany? US banks had loaned Germany companies money and after the crash the US banks wanted their loans paid.
What were the effects of Germany's Depression? Unpopular government, scapegoating, and the rise of Nazism
Why was the German government unpopular? German citizens blamed the "Weimar Republic" for accepting the Treaty of Versailles. The new democratic government was forced on the German people.
What is scapegoating? When a group is blamed for the problems of another group.
Who was scapegoated for Germany's problems? The Unemployed and Veterans of WWI blamed the Jews for their problems.
How did Nazism rise to power? Hitler makes emotional speeches and gets a lot of attention and starts to make promises like, "I can end the depression." and "Germany can get revenge."
In Germany democracy was replaced with a Dictatorship
Created by: Barbara Conway
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